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Telegram has introduced a feature allowing users to convert digital gifts into tradable NFTs on The Open Network (TON), enhancing its Web3 capabilities. This innovation has led to a 3% increase in Toncoin's price, now at $5.79, with a remarkable 165% growth year-to-date. The collectible gifts, which gain unique traits, can be traded within Telegram or on external NFT marketplaces, further solidifying Telegram's role in the blockchain space.
Telegram is set to enable users to convert digital gifts into tradable NFTs on The Open Network using its in-app currency, Telegram Stars. This feature will allow users to upgrade over 20 existing gifts into collectibles for a small fee, facilitating transfers and auctions on secondary marketplaces like Getgems.Additionally, a new Sticker Shop will offer limited edition NFT stickers purchasable with Stars, enhancing Telegram's integration into the Web3 space. The platform has seen significant growth, with TON becoming the 15th largest cryptocurrency by market cap, despite a recent price retracement.
On January 3, 2025, players can engage in daily challenges with the Zoo Rebus and Riddle of the Day, earning $ZOO tokens by solving puzzles. Airdrop Zoo offers rewards for completing tasks, allowing participants to upgrade their virtual zoos and trade items. Players can track airdrop listings and maximize benefits through regular participation and updates via Telegram.
EVAA Protocol is revolutionizing decentralized finance by integrating with Telegram, a widely used messaging app. This initiative aims to educate users and provide user-friendly tools, encouraging more individuals to participate in the DeFi space.
Telegram achieved profitability in 2024, generating over $1 billion in revenue, a nearly 3x increase from the previous year. This growth was driven by a premium subscription service with 12 million active users and an expanded advertising strategy, despite ongoing regulatory challenges and scrutiny.The company has ramped up moderation efforts, hiring over 750 content moderators to combat illegal activities, blocking more than 15 million groups and channels involved in such actions throughout the year. Telegram's financial recovery was also bolstered by its crypto ventures, particularly through the sale of Toncoin.
In the competitive cryptocurrency landscape, four altcoins—BlockDAG, Toncoin, Cardano, and Chainlink—are poised for significant growth in 2025. BlockDAG, leveraging Directed Acyclic Graph technology, has already seen a 2,240% ROI and raised over $171.5 million in presales. Toncoin excels in blockchain interoperability, while Cardano focuses on a scientific approach to scalability and security, and Chainlink connects smart contracts to real-world data, ensuring its relevance in the expanding DeFi space.
As the political landscape shifts with Trump's potential return to office, crypto whales are increasingly investing in XRP, PlutoChain, Solana, and Toncoin, anticipating regulatory changes and market opportunities. PlutoChain aims to enhance Bitcoin's capabilities with Layer-2 technology, while XRP's recent legal victories and potential ETF approval bolster investor confidence. Despite recent price dips, Solana's innovative Proof-of-History mechanism and Toncoin's steady recovery signal resilience in the crypto market.
Meme coins are notorious for their volatility, with many like Pudgy Penguins and Popcat experiencing significant drops shortly after launch. In contrast, $XYZVerse is gaining traction with a unique all-sports theme, boasting a remarkable 1,233% presale surge and a solid roadmap focused on community engagement and long-term value. As it approaches its Token Generation Event, $XYZVerse aims to redefine the meme coin landscape by merging sports culture with innovative crypto technology.
Tomarket, a popular Telegram game, is launching its TOMA token on the Aptos network on December 20, following a shift from The Open Network. An airdrop will distribute 80% of the total token supply, with eligibility based on specific in-game tasks. Players can claim their tokens through centralized exchanges or external wallets, with further developments planned post-airdrop, including a Farming Pool feature.
Solana's DApp revenue skyrocketed 15x in 2024, reaching $92 million, driven by meme coins and DeFi protocols. Meme coin DApps generated $509 million, with Pump.fun alone earning $106 million in November, despite facing criticism and a revenue drop after suspending its livestreaming feature. DeFi platforms like Raydium and Jupiter also contributed significantly, with Raydium capturing 86% of spot DEX revenue.
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